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Under Construction. CONCRETE BLOCK & STUCCO home under construction. LOW INTEREST RATE buy-down PROMOTION available on THIS HOME when BUYER CLOSES with a SELLER APPROVED LENDER and SIGNS a CONTRACT BY 5PM ON 4/4/25. CALL for DETAILS! Estimated completion is approximately March/April apart from any setbacks beyond the builders control.
This split bedroom OPEN FLOOR PLAN home is located in popular community with NO HOA - next to The Villages where you can enjoy their many restaurants, shops, and nightly live entertainment at the square. There are many lakes and springs surrounding this area, including Lake Harris which is the top of the chain of lakes for many miles of water sports.
There are several upgrades in this SPACIOUS home: Upgraded cabinets throughout the kitchen and bathrooms, countertops are HD leveled edge. Stainless Steel appliances. WOOD-LOOK plank TILE throughout the main living area (carpet in the bedrooms. ) Primary bedroom has TRAY ceiling with CROWN moulding. Ensuite has dual sinks, water closet, garden tub and tiled separate shower. There’s a jack-n-Jill bathroom between bedrooms 3 & 4 plus another bathroom next to bedroom 2. TAEXX in-wall pest control system. Rear door has mini blinds inside glass that leads to a 14x10 COVERED PATIO. Home comes with a 1-year builder WARRANTY and 10-year structural WARRANTY.
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Our Executive Mortgage Banker:
Our Insurance Division:
$370,650
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $296,520 | $296,520 | $296,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $40 | $40 | $40 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,850 | $1,948 | $2,482 |
Total Monthly Payment | $1,965 | $2,063 | $2,597 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.